Bitcoin addresses holding at least 1,000 BTC are climbing again despite the BTC price reaching over $70,000 for the first time. Bitcoin whales are not in a rush to sell into the current rally that propelled Bitcoin to new heights above $70,000, the latest on-chain data suggests. The number of unique addresses holding at least…
Despite big promises to move rapidly away from coal, the โdirtiest fossil fuelโ, many countries around the world continue to rely heavily on coal production and imports for their energy needs. This is not surprising from the likes of China and Australia, who make no secret of their reliance on coal, but is more worrying…
The Swiss National Bank (SNB) was urged to divest from oil and gas fracking companies on Monday, when climate activists handed over a petition signed by 60,000 people demanding the Swiss central bank exit its fracking investments. Last month, a study by SNB Coalition and Climate Alliance Switzerland showed that the Swiss bank had investments…
Russian Ministry of Finance is considering the possibility of increasing the Mineral Extraction Tax (MET) on coal production. This measure will significantly increase the tax burden on coal industry amid falling prices on the international market, which makes export of Kuzbass thermal coal unprofitable in certain directions. The authorities considered increasing MET as early as…
Chinese Premier Li Qiang, on Sunday, met with Malaysiaโs Prime Minister Datuk Seri Anwar Ibrahim in Nanning, the capital of south Chinaโs Guangxi Zhuang Autonomous Region. Li expressed Chinaโs willingness to enhance the synergy of Malaysiaโs development strategies with its own, and to continue working together to build a high-quality Belt and Road and the…
Roman Bilousov from Enertus AG: When you hear the word โgeothermal,โ what comes to mind? Perhaps itโs Yellowstoneโs boiling hot springs or Icelandโs never-ending volcanic eruption. In any case, itโs most likely a gigantic field of heat and steam that youโd want to view from a distance rather than in…
Russiaโs oil refinery rates have slumped this month by 380,000 barrels per day (bpd) compared to December levels as several refineries are under repairs after being hit by Ukrainian drone attacks. Russian refinery rates slipped to 5.16 million bpd in the second week of February, a source familiar with industry data told Bloomberg on Monday.…
Grain traders have imported one million tons of Ukrainian wheat to Romania this season. This makes Romania the second largest export market for Ukrainian wheat after Spain (3.3 million tons), reports the Romanian business portal Economica.net, citing data from the Ukrainian customs authorities. In contrast, MEP Enikล Gyลri (Fidesz) emphasized that โwe cannot be in…
Polandโs new government signaled on Monday it would be looking to set an end date for using coal for power generation, a senior government official said. โOnly with an end date we can plan and only with an end date industry can plan, people can plan. So yes, absolutely, we will be looking to set…
Worried about plastic pollution in your tap water? Try boiling in it, a new study suggests. Boiling tap water can destroy at least 80 percent of three of the most common plastic compounds that can be found in your water, according to findings published Wednesday in Environmental Research Letters. This means drinking tap water that…